Technical report

Discovery Files NI 43-101 Technical Report for the Cordero Project Feasibility Study

Retrieved on: 
月曜日, 4月 1, 2024

TORONTO, April 01, 2024 (GLOBE NEWSWIRE) -- Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) today announced it has filed on SEDAR its National Instrument 43-101 (“NI 43-101”) technical report entitled: Cordero Silver Project, Technical Report & Feasibility Study dated February 16, 2024 (the “Technical Report”), in respect of Discovery’s Cordero deposit in Mexico.

Key Points: 
  • TORONTO, April 01, 2024 (GLOBE NEWSWIRE) -- Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) today announced it has filed on SEDAR its National Instrument 43-101 (“NI 43-101”) technical report entitled: Cordero Silver Project, Technical Report & Feasibility Study dated February 16, 2024 (the “Technical Report”), in respect of Discovery’s Cordero deposit in Mexico.
  • The report was authored by Ausenco Engineering Canada ULC, with support from AGP Mining Consultants Inc., WSP USA Environment and Infrastructure Inc. and RedDot3D Inc.
  • The filing of the Technical Report follows the Company’s news release issued on February 20, 2024 (entitled: Positive Feasibility Results Establish Cordero as One of the World’s Leading Development-Stage Silver Projects), which outlined the key inputs, assumptions and results from the Feasibility Study.

Osisko Development Reports Fourth Quarter And Year-End 2023 Results

Retrieved on: 
金曜日, 3月 29, 2024

MONTREAL, March 28, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") reports its financial and operating results for the three and twelve months ended December 31, 2023 ("Q4 2023").

Key Points: 
  • (All monetary references are expressed in Canadian dollars, unless otherwise indicated)
    MONTREAL, March 28, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") reports its financial and operating results for the three and twelve months ended December 31, 2023 ("Q4 2023").
  • 2,090 ounces of gold sold by the Company from operating activities in the fourth quarter (10,743 ounces of gold sold in 2023), comprising of:
    $6.9 million in revenues ($31.6 million in 2023) and $6.4 million in cost of sales ($32.3 million in 2023) generated from operating activities in the fourth quarter.
  • After giving effect to the Financing, Osisko Development and O3 Mining hold approximately 47% and 12%, respectively, of the outstanding EEM shares.
  • Assay results for all remaining drill holes from the 2023 exploration program were released on February 22, 2024 (see Subsequent to Q4 2023).

Foremost Lithium Reports Widest Intercept to Date; 32.53 Metres of Spodumene-Bearing Pegmatite at its Zoro Lithium Project in Manitoba, Canada

Retrieved on: 
水曜日, 3月 27, 2024

VANCOUVER, British Columbia, March 27, 2024 (GLOBE NEWSWIRE) -- Foremost Lithium Resource & Technology Ltd. (NASDAQ: FMST) (CSE: FAT) (“Foremost Lithium”, “Foremost” or the “Company”), a North American hard-rock lithium exploration company, is pleased today provide a drilling progress update at the Zoro Lithium Property located in the Snow Lake region of Manitoba. Foremost reports the widest drill intercept to date with an intersection of spodumene-bearing pegmatite at Dyke 1, spanning a cumulative length of 32.53 meters. Dyke 1 hosts the Company's maiden inferred resource of 1,074,567 tons at a grade of 0.91% Li2O, with a cut-off of 0.3%, as outlined in the Company’s filed Regulation SK-1300 Technical Report Summary (2023) and NI-43-101 Technical Report (2018). Drill holes FL-24-009 and FL24-010 intersected 32.53 metres and 14.5 metres of spodumene-bearing pegmatite, respectively (See pictures 1 and 2 for pictures of drill core from two holes). Analytical results are still pending.

Key Points: 
  • Foremost reports the widest drill intercept to date with an intersection of spodumene-bearing pegmatite at Dyke 1, spanning a cumulative length of 32.53 meters.
  • Drill holes FL-24-009 and FL24-010 intersected 32.53 metres and 14.5 metres of spodumene-bearing pegmatite, respectively (See pictures 1 and 2 for pictures of drill core from two holes).
  • To date, a total of 10 drill holes have been reported to be completed on the property covering approximately 2,100 meters.
  • Refer to Figure 1 for drill hole location map and Tables 1 and 2 for more detailed information for each drill hole.

Probe Gold Files PEA Update Technical Report for the Novador Project, Quebec

Retrieved on: 
火曜日, 3月 26, 2024

The Novador PEA supports a robust mining plan that averages over 255,000 ounces per year of gold production, with over 281,000 ounces per year in the first five years of the 12.6-year mine life and boasts an impressive after-tax NPV of $910 million using a base-case gold price of US$1,750/oz.

Key Points: 
  • The Novador PEA supports a robust mining plan that averages over 255,000 ounces per year of gold production, with over 281,000 ounces per year in the first five years of the 12.6-year mine life and boasts an impressive after-tax NPV of $910 million using a base-case gold price of US$1,750/oz.
  • The technical report, entitled "Novador Project, NI 43-101 Technical Report & Preliminary Economic Assessment” (the "Novador PEA") and dated March 26, 2024 (effective date of February 13th, 2024) is available on SEDAR+ (www.sedarplus.ca) under Company's issuer profile, and on the Company’s website https://probegold.com/novador-project/ under the technical reports tab.
  • The independent Technical Report was prepared through the collaboration of the following firms: Ausenco Engineering Canada ULC (Ausenco), Moose Mountain Technical Services (MMTS), InnovExplo Inc., Lamont Inc.
  • Probe's news release dated February 13, 2024 (titled "Probe Gold Announces Updated PEA For Novador Project, Quebec; 23% Increase In Average Annual Production To 255,000 Ounces, Pre-Tax NPV5% Of C$1.53 Billion, And Pre-Tax IRR Of 34.4%") summarized the key results, assumptions and estimates contained in the Novador PEA.

Fortune Minerals Announces Arrival of Samples at SGS Canada in Lakefield, Ontario for Metallurgical Testing

Retrieved on: 
月曜日, 4月 8, 2024

Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“Fortune” or the “Company”) ( www.fortuneminerals.com ) is pleased to announce the successful delivery of ore samples from the NICO cobalt-gold-bismuth-copper deposit (“NICO Deposit”) in the Northwest Territories (“NWT”) to SGS Canada Inc. in Lakefield, Ontario.

Key Points: 
  • Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“Fortune” or the “Company”) ( www.fortuneminerals.com ) is pleased to announce the successful delivery of ore samples from the NICO cobalt-gold-bismuth-copper deposit (“NICO Deposit”) in the Northwest Territories (“NWT”) to SGS Canada Inc. in Lakefield, Ontario.
  • Development of the NICO Project would provide a North American supply of three Critical Minerals needed for the energy transition, new technologies, and growing green economy.
  • These will be blended with Fortune test products at SGS Canada Inc. to validate the recovery of the contained metals using the Alberta Refinery metallurgical flow sheet.
  • The JFSL site is an ideal location to construct the Fortune refinery and expand the Edmonton area as a Critical Minerals processing hub in western Canada.

Hot Chili Files NI 43-101 Technical Report for the Costa Fuego Copper-Gold Project in Chile

Retrieved on: 
月曜日, 4月 8, 2024

PERTH, Australia, April 8, 2024 /PRNewswire/ - Hot Chili Ltd. ("Hot Chili" or the "Company") (TSXV: HCH) (OTCQX: HHLKF) (ASX: HCH) is pleased to announce that it has filed a National Instrument 43-101 Technical Report for its Costa Fuego copper-gold project in Chile.

Key Points: 
  • PERTH, Australia, April 8, 2024 /PRNewswire/ - Hot Chili Ltd. ("Hot Chili" or the "Company") (TSXV: HCH) (OTCQX: HHLKF) (ASX: HCH) is pleased to announce that it has filed a National Instrument 43-101 Technical Report for its Costa Fuego copper-gold project in Chile.
  • The report titled "Costa Fuego Copper Project NI 43–101 Technical Report Mineral Resource Estimate Update" and dated April 2024 with an effective date of February 26, 2024 (the "Technical Report"), was prepared pursuant to National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101").
  • The Technical Report supports the news release dated 26 February 2024 announcing the Costa Fuego Copper-Gold Project Mineral Resource Update.
  • For further information on Costa Fuego please see the Technical Report.

Global Uranium Mining Output Expected To Rise 11.7% in 2024 Due To Kazakh and Canadian Growth

Retrieved on: 
木曜日, 3月 21, 2024

A report in Mining Technology said that the Global uranium production is expected to grow by 11.7% to more than 60.3 megatonnes (Mt) in 2024.

Key Points: 
  • A report in Mining Technology said that the Global uranium production is expected to grow by 11.7% to more than 60.3 megatonnes (Mt) in 2024.
  • Kazakhstan is expected to deliver the highest uranium production growth in 2024, driven by the planned higher output from the country’s largest uranium producer, Kazatomprom .
  • The report added: “Uranium output to rise 11.7% in 2024 due to Kazakh and Canadian growth… and production will be bolstered by the ramp-up of Canada’s McArthur River mine.
  • Mining Technology continued: “Meanwhile, global uranium production in 2024 will be further bolstered by continuous ramp-up of Canada’s McArthur River, which is aiming to produce 6.9kt of uranium (8.2kt of U3O8) for 2024.

Canadian North Resources Reports Substantial Increase of Copper, Nickel, Cobalt, Palladium and Platinum NI 43-101 Compliant Mineral Resources for its 100% owned Ferguson Lake Project in Canada

Retrieved on: 
火曜日, 3月 19, 2024

TORONTO, March 19, 2024 (GLOBE NEWSWIRE) -- Canadian North Resources Inc. (“Canadian North” or the “Company”) (TSXV: CNRI; OTCQX: CNRSF; FSE: EO0 (E-O-zero)) is pleased to announce an updated Mineral Resource estimate (Table 1) for its 100% owned Ferguson Lake base metal (copper, nickel, cobalt) and platinum group metal (“PGM”, mainly palladium and platinum) project in Nunavut, Canada.

Key Points: 
  • This new Mineral Resource Estimate has demonstrated the project is one of the largest and highest-grade undeveloped critical mineral projects in North America.
  • The Mineral Resources for the Ferguson Lake Project were estimated using Leapfrog Edge™ software.
  • Open pit Mineral Resources are reported at a NSR cut-off value of US$33.00 and underground mineral resources are reported at a NSR cut-off value of US$96.00.
  • The 2022 Mineral Resource Estimate considered recoveries derived from hydrometallurgical testworks to produce the metal products of copper, nickel, cobalt, palladium and platinum.

Pan American Energy Collaborates With The Saskatchewan Research Council For Preliminary Metallurgical Testing To Produce Petalite Concentrates

Retrieved on: 
月曜日, 3月 18, 2024

In 1999, the former operator of Big Mack removed a representative 5000 tonne bulk sample from the Big Mack Pegmatite exposure.

Key Points: 
  • In 1999, the former operator of Big Mack removed a representative 5000 tonne bulk sample from the Big Mack Pegmatite exposure.
  • This sample was processed by International Metallurgical and Environmental Inc. to create petalite concentrate.
  • The petalite concentrate was then sent to Corning Laboratory Services of Corning, New York for petalite analysis and trial glass metals, where three glass melts were made using the supplied petalite.
  • The petalite yielded glass of acceptable visual quality, validating the opportunity for commercial offtake partners of the petalite concentrate material.

Osisko Development Announces Mineral Resource Update for the Trixie Deposit, Tintic Project

Retrieved on: 
金曜日, 3月 15, 2024

Geologic modelling was completed by Osisko Development modeling geologist Jody Laing, P.Geo, using Leapfrog Geo software.

Key Points: 
  • Geologic modelling was completed by Osisko Development modeling geologist Jody Laing, P.Geo, using Leapfrog Geo software.
  • The 2024 Trixie MRE was completed by Osisko Development chief resource geologist, Daniel Downton, P.Geo using Datamine Studio RM 2.0 software.
  • William Lewis and Alan J. San Martin of Micon International Limited independently reviewed and validated the mineral resource model.
  • The 2024 Trixie MRE is comprised of six zones within the greater Trixie area: T2, T3, T4, Wild Cat, 40 Fault and 75-85.